Actuary Salary in Draper, UT: $131,269 (2026)
Quick Answer:A full-time actuary in Draper, UT earns a median $131,269/year (≈ $63.11/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Draper's price level (2% below national, BEA RPP 98.1), that paycheck buys what $133,811 would nationally. Nominal pay sits 0.3% below the Utah state average.
Based on BLS state-level estimates · View source
In 2026, the median pay for actuaries in Draper, Utah, is projected to reach $131,269 annually, which is slightly below the national median of $134,160. This figure reflects a full salary range from $76,136 at the 10th percentile to $203,467 at the 90th percentile, showcasing the variance based on experience, exams passed, and specialty areas. The estimates presented are derived from state-level BLS data and adjusted for regional price levels, offering a localized perspective on compensation. The job market in Draper shows promise, particularly as it typically attracts actuaries engaged in a mix of consulting and insurance roles, which influences the overall earning potential.
About the Draper Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,136 | $36.61 |
| Lower Range (P25) | $95,251 | $45.79 |
| Median (P50)(typical) | $131,269 | $63.11 |
| Upper Range (P75) | $168,025 | $80.78 |
| Top Earners (P90) | $203,467 | $97.82 |
Median Salary Position
2.15% below the national average
2026 Salary Percentile Distribution in Draper
In Draper, UT, the actuary salary spread from the 10th to 90th percentile is $127,331 (2026 est.). At $131,269, the local median is 2.15% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Draper: You'd be in the lower-middle range
How Draper Actuary Pay Compares
Draper median: $131,269/year (2026)
| Compared To | Median Salary | Draper Pays |
|---|---|---|
| Utah Average | $131,664 | -0.30% less |
| National Average | $134,160 | -2.15% less |
Actuarys in Draper, UT earn a median of $131,269 per year (2026 est.), which is 2.15% lower than the national median of $134,160 and 0.30% below the Utah state average of $131,664.
Cost-of-Living Adjusted Salary
Draper has a cost of living 1.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Draper, UT has a cost-of-living index of 98.1 (below the national average of 100). A actuary earning $131,269 nominally has purchasing power equivalent to $133,811 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$106,015
2025 BLS Actual
$127,199
2026 Current Est.
$131,269
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Draper (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $106,015 | Actual |
| 2020 | $108,638 | Actual |
| 2021 | $103,618 | Actual |
| 2022 | $111,534 | Actual |
| 2023 | $117,414 | Actual |
| 2024 | $112,522 | Actual |
| 2025 | $127,199 | Actual |
| 2026(current) | $131,269 | Estimated |
| 2027 | $135,470 | Projected |
Based on 7 years of BLS OEWS data for the Draper metropolitan area, the median actuary salary grew 20.0% from $106,015 (2019) to $127,199 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $135,470 by 2027 — a total increase of $29,455 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Draper metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $76,136 – $95,251 |
| 3-5 years (Mid Career) | $95,251 – $131,269 |
| 5+ years (Experienced) | $131,269 – $168,025 |
| 10+ years (Top Earner) | $168,025 – $203,467 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Draper
With only 10 actuaries currently employed in Draper, the market size is modest but offers opportunities within reputable firms such as UnitedHealth, MetLife, and other major insurers. The local cost of living index stands at 98.1, indicating it is slightly below the national average, which positively affects the purchasing power of the salaries received. The variation in compensation can often be attributed to the exam progression each actuary experiences, where passing exams can yield significant pay increases. For actuaries looking to maximize their earnings in Draper, focusing on credentials for either the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS), as well as acquiring skills in predictive analytics, can enhance marketability. Exploring opportunities with consulting firms is particularly beneficial, as these often command higher salaries for FSAs and FCAS in comparison to traditional insurance roles.
More salary data for Draper, UT:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $127,199 for actuariesin the Draper metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Draper is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov